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LIVE Championship Round

Livestream

Tune in on Wednesday, April 22, 2021 at 11:00AM ET to watch!

Overview of the Challenge (For Students)

The Global Innovation Challenge is one of the world’s most unique business-related events for high school students. Students representing different countries work in multinational teams to solve a pressing global issue using design thinking principles.

In preparation of the Global Innovation Challenge, multinational teams of students will meet and collaborate online during February, March, and April. Students will work with mentors who will coach them on strategies to address the problem and develop a slide show, which will be presented to judges at the final event in April 2021.

The Challenge

You and your team have been challenged to develop solutions for communities to combat climate change. You are tasked with using the design thinking process to identify problems communities face in combating climate change and providing solutions that not only help communities reduce greenhouse gas emissions, but also have “co-benefits” that contribute to a better, more equitable world, that also support their prosperity financially and socially.

You will be tasked with 1) identifying 1-3 common problems your communities face in combating climate change (ex. Why is it hard/what decisions are difficult to support efforts that reduce greenhouse gas emissions), 2) finding a solution to these problems that incorporates the challenge criteria, and 3) developing a hypothesis statement and experiment to test to see if your solution would work.

As you prepare for this year’s Innovation Challenge, it is important to research and understand the challenges faced by communities in combating climate change, to be knowledgeable about climate solutions as described by Project Drawdown and Climate Interactive, and to learn about and apply the design thinking process. The following sections of this packet will outline these objectives and provide resource materials to support your efforts.

Community Challenges

This year’s challenge focuses on the barriers communities face in taking steps to combat climate change. Most communities are ill-equipped to invest in solutions for climate change, as well as to adapt to climate change’s negative impacts.

Communities often lack the knowledge, tools, and financial resources to proactively invest in climate solutions to reduce their carbon footprint.

For example, cities are home to half the world’s population and produce around 75% of the world’s GDP and carbon emissions. By 2050, between 65% and 75% of the world population is projected to be living in cities, with more than 40 million people moving to cities each year. They can also be very exposed and vulnerable to climate risks such as water shortages, floods and heat stress. The mass congregating of people and rising demand for resources, under poor organization and governance, make cities prime sources of pollution, congestion and waste.

However, cities and communities are also a key part of the response. They afford multiple opportunities to dramatically reduce carbon emissions while sustaining prosperous standards of living. Indeed, there is no hope of reducing global emissions to safe levels if new and expanding cities are based on a sprawling, resource-intensive model of urban development.

The Global Commission on the Economy and Climate found that compact, connected and coordinated cities and communities are more productive, socially inclusive, resilient, cleaner, quieter and safer. They also have lower greenhouse gas emissions – a good example of the co-benefits of pursuing economic growth and climate action together.

UN Sustainable Development Goal 13

The UN Sustainable Development Goals are the blueprint to achieve a better and more sustainable future for all people around the world. The 17 goals address interconnected global challenges: poverty, inequality, climate, environmental degradation, prosperity, peace, and justice. The target date for achieving these Goals is 2030.

Across the world, responsible businesses are acknowledging climate change and their crucial role in addressing it. Many companies are developing long-term climate action plans, outlining ways they will reduce their corporate emissions over time – with some aspiring to reach “net zero” emissions by sometime mid-century.

Although these are important, admirable, and necessary first steps, they are missing an opportunity to lead and do more. Today’s climate plans mainly focus on how companies can do less harm, gradually reducing their emissions and the damages they cause. Most do not consider how businesses can go beyond this and help the broader world transition to a sustainable, climate-safe future. Businesses will need to dramatically reduce their own emissions and develop outward-looking climate plans that help other organizations, communities, and governments address climate change. This will enable them to go far beyond being “climate neutral” and “Paris compliant” companies, and achieve much larger impacts in the global effort to stop climate change.

HOW? By reducing emissions OUTSIDE of a company’s operations – through climate change solutions for its employees, customers, partners, and COMMUNITIES.

And this is where you and the Global Innovation Challenge come in. We are challenging YOU to leverage design thinking to help move your own communities forward and address climate change in a way that promotes prosperity for all.

Participant and Mentorship Details

For Student Participants

REGISTRATION FOR THIS EVENT IS NOW CLOSED. Student representatives will register to take part in the Global Innovation Challenge in January 2021. Each VE firm will have the opportunity to nominate two (2) students to participate. Student participants will be grouped to form multi-national teams of 6-8 students per team. Over the months of February, March, and April, teams will participate in online training sessions and working sessions with their team members to work through the design thinking process to solve the challenge. During the 2021 Online Youth Business Summit, Global Innovation Challenge teams will present their solutions to a panel of judges with the top teams presenting in a Championship Round to be held on Earth Day (April 22, 2021).

For Mentors

All Global Innovation Challenge teams will be matched with mentors consisting of professionals from VE corporate partners (Intuit, HSBC, and BNP Paribas). Mentors will help guide student teams and provide feedback on their work to solve the challenge and develop their presentation. Mentor sessions will be conducted via Zoom videoconference based on the schedule outlined below. In advance of the mentor sessions, mentor teams will be provided an orientation and training on the Global Innovation Challenge and the Design For Delight design thinking approach. All mentors and partners will have the support of VE staff in coordinating and moderating the online mentor sessions.

Timeline & Resource Links

Meeting links will be sent via email.

Open Until Feb 12

Student Registration Period

Wednesday
FEBRUARY 17, 2021
11:00 AM EST
Via Zoom

Session #1: Kickoff Meeting
(D4D: Deep Customer Empathy & Problem Statement)

Details

All participants will participate in a general kickoff meeting to introduce the Global Innovation Challenge and provide an overview of the Design For Delight, the design thinking principles that will be used for this event.

Watch recording here

Resources

Downloadable Breakout Room Activity
Global Innovation Challenge Kickoff Presentation

Click images to enlarge

 

Week of
MARCH 1, 2021
Via Zoom
Click “Details” for Schedule

Session #2: Team Working Session with Mentors
(D4D: Deep Customer Empathy & Problem Statement)

Details

Teams will meet for a separate working session with their mentors to address “Deep Customer Empathy” and develop their “Problem Statement”.

Schedule

Team 1: Friday, March 5, 2021; 10:30 AM – 12:00 PM EST; with Intuit
Team 2: Thursday, March 4, 2021; 12:30 PM – 2:00 PM EST; with Intuit
Team 3: Wednesday, March 3, 2021; 12:30 PM – 2:00 PM EST; with Intuit
Team 4: Wednesday, March 3, 2021; 11:00 AM – 12:30 PM EST; with Intuit
Team 5: Wednesday, March 3, 2021; 10:30 AM – 12:00 PM EST; with Intuit
Team 6: Tuesday, March 2, 2021; 11:00 AM – 12:30 PM EST; with HSBC
Team 7: Tuesday, March 2, 2021; 11:00 AM – 12:30 PM EST; with HSBC
Team 8: Tuesday, March 2, 2021; 11:00 AM – 12:30 PM EST; with HSBC
Team 9: Tuesday, March 2, 2021; 11:00 AM – 12:30 PM EST; with HSBC
Team 10: Thursday, March 4, 2021; 11:00 AM – 12:30 PM EST; with BNP Paribas
Team 11: Thursday, March 4, 2021; 11:00 AM – 12:30 PM EST; with BNP Paribas
Team 12: Thursday, March 4, 2021; 11:00 AM – 12:30 PM EST; with BNP Paribas
Team 13: Thursday, March 4, 2021; 11:00 AM – 12:30 PM EST; with BNP Paribas
Team 14: Thursday, March 4, 2021; 11:00 AM – 12:30 PM EST; with BNP Paribas
Team 15: Thursday, March 4, 2021; 11:00 AM – 12:30 PM EST; with BNP Paribas

Tuesday
MARCH 9, 2021
11:00 AM EST
Via Zoom

Session #3: General Session
(D4D: Go Broad To Go Narrow)

Details

All participants will participate in a general session for an introduction to the “Go Broad To Go Narrow” process for brainstorming and narrowing.

Watch recording here

Week of
MARCH 15, 2021
Via Zoom
Click “Details” for Schedule

Session #4: Team Working Session with Mentors
(D4D: Go Broad To Go Narrow)

Details

Teams will meet for a working session with their mentors to brainstorm and ideate potential solutions through the “Go Broad To Go Narrow” process.

Schedule

Team 1: Friday, March 19, 2021; 10:30 AM – 12:00 PM EST; with Intuit
Team 2: Wednesday, March 17, 2021; 10:30 AM – 12:00 PM EST; with Intuit
Team 3: Wednesday, March 17, 2021; 10:30 AM – 12:00 PM EST; with Intuit
Team 4: Wednesday, March 17, 2021; 11:00 AM – 12:30 PM EST; with Intuit
Team 5: Wednesday, March 17, 2021; 10:30 AM – 12:00 PM EST; with Intuit
Team 6: Tuesday, March 16, 2021; 11:00 AM – 12:30 PM EST; with HSBC
Team 7: Tuesday, March 16, 2021; 11:00 AM – 12:30 PM EST; with HSBC
Team 8: Tuesday, March 16, 2021; 11:00 AM – 12:30 PM EST; with HSBC
Team 9: Tuesday, March 16, 2021; 11:00 AM – 12:30 PM EST; with HSBC
Team 10: Thursday, March 18, 2021; 11:00 AM – 12:30 PM EST; with BNP Paribas
Team 11: Thursday, March 18, 2021; 11:00 AM – 12:30 PM EST; with BNP Paribas
Team 12: Thursday, March 18, 2021; 11:00 AM – 12:30 PM EST; with BNP Paribas
Team 13: Thursday, March 18, 2021; 11:00 AM – 12:30 PM EST; with BNP Paribas
Team 14: Thursday, March 18, 2021; 11:00 AM – 12:30 PM EST; with BNP Paribas
Team 15: Thursday, March 18, 2021; 11:00 AM – 12:30 PM EST; with BNP Paribas

Tuesday
MARCH 30, 2021
11:00 AM EST
Via Zoom

Session #5: General Session
(D4D: Prototypes & Rapid Experimentation)

Details

All participants will participate in a general session for an introduction to building effective prototypes and conducting “Rapid Experimentation.”

Watch recording here

Resources

Tips for Prototyping (Slide 97)
Global Innovation Challenge Rubric
Presentation Template

Week of
APRIL 5, 2021
Via Zoom
Click “Details” for Schedule

Session #6: Final Team Working Session with Mentors
(D4D: Prototypes & Rapid Experimentation)

Details

Teams will meet for a working session with their mentors to build a prototype of their solution and design a “rapid experiment” to test it.

Schedule

Team 1: Friday, April 9, 2021; 10:30 AM – 12:00 PM EST; with Intuit
Team 2: Wednesday, April 7, 2021; 10:30 AM – 12:00 PM EST; with Intuit
Team 3: Wednesday, April 7, 2021; 10:30 AM – 12:00 PM EST; with Intuit
Team 4: Wednesday, April 7, 2021; 10:30 AM – 12:00 PM EST; with Intuit
Team 5: Wednesday, April 7, 2021; 10:30 AM – 12:00 PM EST; with Intuit
Team 6: Tuesday, April 6, 2021; 11:00 AM – 12:30 PM EST; with HSBC
Team 7: Tuesday, April 6, 2021; 11:00 AM – 12:30 PM EST; with HSBC
Team 8: Tuesday, April 6, 2021; 11:00 AM – 12:30 PM EST; with HSBC
Team 9: Tuesday, April 6, 2021; 11:00 AM – 12:30 PM EST; with HSBC
Team 10: Thursday, April 8, 2021; 11:00 AM – 12:30 PM EST; with BNP Paribas
Team 11: Thursday, April 8, 2021; 11:00 AM – 12:30 PM EST; with BNP Paribas
Team 12: Thursday, April 8, 2021; 11:00 AM – 12:30 PM EST; with BNP Paribas
Team 13: Thursday, April 8, 2021; 11:00 AM – 12:30 PM EST; with BNP Paribas
Team 14: Thursday, April 8, 2021; 11:00 AM – 12:30 PM EST; with BNP Paribas
Team 15: Thursday, April 8, 2021; 11:00 AM – 12:30 PM EST; with BNP Paribas

APRIL 12 – 15, 2021
Via Zoom
Click “Details” for Schedule

Preliminary Round Presentations

Details

Teams will deliver their preliminary round presentations to teams of judges from April 13-15, 2021.

Schedule

Team 1 – 5: Wednesday, April 14, 2021; 10:30 AM – 12:00 PM EST; with Intuit
Team 6 – 9 : Tuesday, April 13, 2021; 11:00 AM – 12:30 PM EST; with HSBC
Team 10 – 15: Thursday, April 15, 2021; 11:00 AM – 12:30 PM EST; with BNP Paribas

Wednesday
APRIL 22, 2021
Via Zoom
Click “Details” for Schedule

Championship Round Presentations

Details


The top 3 teams from the preliminary round will be invited to present in the Championship Round taking place on Earth Day, April 22, 2021.

Schedule

11:00 AM ET – Welcome & Opening Remarks: Nick Chapman, President, Virtual Enterprises International
11:05 AM ET – Greetings From Our Partners: Intuit, BNP Paribas, HSBC
11:15 AM – 11:45 AM ET – Roundtable Discussion on Sustainability: Moderator Helen Avery, Green Finance Institute
11:45 AM ET – Introduction of Judges: Intuit, BNP Paribas, HSBC
12:00 PM ET – Championship Round Presentations
12:45 PM ET – Awards Ceremony

Awards & Prizes

Details


Finalist and Championship teams will receive a recognition plaque and individual prizes. The Award Ceremony will take place at 12:45 PM ET on April 22, 2021.

#D4DSocialMediaChallenge

For the past few weeks, VE students participated in the #D4DSocialMediaChallenge. Check out some featured posts below, or find them all on VE’s Instagram here.

 

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